New Markets Tax Credit Coalition

Habitat for Humanity Condominum – Daly City

Located in Daly City, and close to an array of public transit options, 7555 Mission is Habitat for Humanity of Daly City’s largest affordable, single-family housing development to date with 36 units, completed in 2013.

Investment

  • NMTC Amount: $10,330,844
  • Total Project Cost: $12,089,885

IMPACT

  • 2 FTE jobs
  • Construction of 36 affordable homes.

Investor

Project Description

Located in Daly City, and close to an array of public transit options, 7555 Mission is Habitat for Humanity of Daly City’s largest affordable, single-family housing development to date with 36 units, completed in 2013. In fact, the 36-unit condominium in Daly City, just south of San Francisco, is one of the largest and most innovative built by the famed organization known for assembling volunteers to build single-family homes around the world.

Relying on 11,000 volunteers who collectively donated nearly 155,000 hours, the local organization created a high-density development that maximizes homeownership opportunities in one of the most expensive housing markets in the nation. Construction began in June 2010, with the first volunteers working on-site in February 2011 and the last volunteers putting the finishing touches on the homes at the end of March.

MAP

Address: 7555 Mission Street, Daly City, CA 94104

Census Tract: 6081601300

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